Market Context
Gold is trading around $4,053 after sweeping the marked buy-side liquidity and reversing sharply from the $4,150 area. The bearish displacement has weakened the previous recovery and returned price below the recent bullish structure.
The macro backdrop remains restrictive for Gold. Easing oil prices have offered some stabilization, but elevated Treasury yields and a firm US dollar may continue limiting upside momentum. Volatility could increase around the upcoming Fed meeting and the US GDP and PCE releases scheduled for July 30.
SMC View
The buy-side liquidity sweep was followed by strong bearish displacement, showing that sellers regained control after price failed to hold the upper range. The current rebound is now approaching the marked upper FVG around $4,066–$4,084.
This FVG is the main decision zone because it may rebalance the previous sell-side displacement before continuation lower. Selling at the current price offers weaker positioning, so bearish rejection and a lower-timeframe MSS or CHOCH are required.
Main Trading Scenario
Condition:
Gold retraces into the $4,066–$4,084 FVG and forms a clear bearish rejection. A lower-timeframe bearish MSS or CHOCH is required before entry.
Entry: $4,066–$4,084 after bearish confirmation
SL: Above $4,084 and the rejection high
TP1: $4,040–$4,050
TP2: $3,990–$4,002
TP3: $3,959.677
Key Zones to Watch
Current price: $4,052.845
Main sell zone: $4,066–$4,084
Lower FVG: $4,040–$4,050
Main target: $3,990–$4,002
Sell-side liquidity: $3,959.677
Invalidation: Acceptance above $4,084
Confirmation: Bearish rejection with MSS or CHOCH
Prime Gold View
The sell bias remains valid while the upper FVG acts as resistance. The preferred plan is to wait for a confirmed retracement into $4,066–$4,084 rather than sell in the middle of the range.
If sellers defend the zone, price could rotate toward $3,990–$4,002 and potentially the sell-side liquidity below. Acceptance above $4,084 would weaken the setup.
No confirmation, no trade.
Trade wurde manuell geschlossen
Gold · SMC · 5+ years. t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
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Gold · SMC · 5+ years. t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.